Guideline Value for Aniruth Nagar

Aniruth Nagar guideline value

The current guideline value of Aniruth Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024. This area is located in Adhanoor village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of Aniruth Nagar has changed

The guideline value for Aniruth Nagar has undergone several revisions over the years. The earliest recorded figure is from 2007, when the value was Rs 200 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2012, marking a 400% rise. However, between 2012 and 2017, the value decreased by 33% to Rs 670 per sq.ft. The value then rose by 49% to Rs 1,000 per sq.ft in 2023, remaining unchanged in the 2024 revision.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 400%, with the current rate reflecting the stability seen since 2023.

Guideline values in Adhanoor

Adhanoor village has a total of 169 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 670 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 1,000 per sq.ft, which is the same as the current value for Aniruth Nagar.

• Anitha Township: Rs 1,000 per sq.ft (2024)
• Annai Therasa Nagar: Rs 1,000 per sq.ft (2024)
• Annai Velankkanni Nagar: Rs 1,000 per sq.ft (2024)
• Ansar City: Rs 1,000 per sq.ft (2024)
• Alwin Nagar Extn: Rs 1,000 per sq.ft (2024)
• Alwin Nagar: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Aniruth Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, while the registration fee at 2% would be Rs 20,000, bringing the total to Rs 90,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Aniruth Nagar?

The Sub Registrar Office that covers Aniruth Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Adhanoor

The guideline value is a crucial factor during the registration process when buying or selling property in Adhanoor. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these costs are calculated based on the established values set by the Registration Department.

When a property is sold, the guideline value helps in assessing the legal obligations regarding the payment of stamp duty. This ensures that both buyers and sellers are aware of the financial implications involved in the transaction.

Frequently asked questions

What is the current guideline value of Aniruth Nagar?

The current guideline value of Aniruth Nagar is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most significant increase occurring from Rs 200 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, followed by a decrease to Rs 670 per sq.ft in 2017, and then back to Rs 1,000 per sq.ft in 2023 and 2024.

What is the land classification of Aniruth Nagar?

Aniruth Nagar is classified as Residential Special Type - I, which indicates its suitability for residential development within the area.

Where can I find the registration office for Aniruth Nagar?

The registration office for Aniruth Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in Aniruth Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft would incur a stamp duty of Rs 70,000.